USA Mutuals Generation Wave Growth Fund Investor Class

 (MUTF:GWGFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week
   
-0.14%  
4 week   +0.08%
   
3 month
   
-0.19%  
YTD   +3.94%
   
1 year
   
-7.18%  
3 years*
   
-5.19%  
5 years*   +2.37%
   
*annualized
Best 3 month return+20.45%  
Worst 3 month return-30.45%  

Morningstar statistics

Morningstar category: Tactical Allocation
  Return Risk Rating
3 years Low Average
5 years Below Average Average
10 years Low High
Overall Low Above Average

Key statistics

Total assets5.13M 
Front load-  
Deferred load-  
Expense ratio1.95%  
Management fee-  
Fund familyUSA Mutuals 

Asset allocation

Cash78.09%  
Stocks0.00%  
Bonds0.00%  
Other21.91%  

Purchase information

Initial$2,000  
Additional$100  
IRA Initial$100  
AIP Initial$100  
AIP Additional$100  
7.280.00(0.05%)
Sep 28, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks capital appreciation over the long term with low volatility and low correlation to the equity markets. The fund, a non-diversified investment company, pursues its investment objective by investing in multiple alternative investment strategies. The strategies employed by the fund include Long/Short Equity Strategy, Relative Value-Long/Short Debt Strategy, Equity Option Strategy, Tactical Allocation Strategy (which involves using market trend indicators to determine whether the fund should take aggressive, neutral or defensive market positions), and Real Assets/Commodity Strategy. It is non-diversified.
Fund filings (PDF) »
Asset manager:
Gerald Sullivan (Started: Jun 1, 2011)
Advisor Company:
USA Mutuals Advisors, Inc
Fund family reports on Morningstar »
USA Mutuals, Plaza Of The Americas, 700 N Pearl Street, Suite 900, Dallas TX 75201, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -9.92 -6.71 -4.10 -6.68
Beta* 0.20 0.41 0.76 1.16
Mean annual return -0.68 -0.34 0.13 0.03
R-squared* 3.18 11.32 41.18 76.31
Standard deviation 9.06 8.41 9.18 13.15
Sharpe ratio -0.92 -0.50 0.16 -0.04
* Against standard index

Top 10 holdings